Steve Forbes issues dire warning about US economy if the Fed doesn't stop this – Fox Business
Steve Forbes issues dire warning about US economy if the Fed doesn’t stop this Fox Business
oil production
Biden Administration May Try To Discourage American Businesses From Expanding In Saudi Arabia – MSNBC
Biden Administration May Try To Discourage American Businesses From Expanding In Saudi Arabia MSNBC Stefanik: Biden impeachment ‘on the table’ for Saudi oil ask, Hunter biz New York Post U.S. Democrats want tougher response on Saudi Arabia The Washington Post The Saudi Regime Isn’t Afraid of Joe Biden The Nation View Full Coverage on Google News
Biden will “continue to re-evaluate” U.S.-Saudi Arabia relations after OPEC oil cut
President Biden with Saudi Crown Prince Mohammed bin Salman on July 15. Photo: Royal Court of Saudi Arabia/Anadolu Agency via Getty Images President Biden will “continue to re-evaluate” the U.S.’ relationship with Saudi Arabia after a group of international oil exporters and Russia decided to significantly cut oil production in response to falling fuel prices, … Read more
Democratic duo proposes banning arms to Saudi Arabia over OPEC cuts
A pair of Democratic lawmakers is proposing the U.S. halt arms sales to Saudi Arabia in response to oil production cuts from the Organization of the Petroleum Exporting Countries (OPEC). Rep. Ro Khanna (D-Calif.) and Sen. Richard Blumenthal (D-Conn.) penned an op-ed in Politico Sunday calling on Congress to cut off arms sales to the leading OPEC country until … Read more
OPEC sharply cuts oil production, US disappointed by "short-sighted decision" – Global News
OPEC sharply cuts oil production, US disappointed by “short-sighted decision” Global News US oil industry mocks Biden after OPEC+ announces production cuts Fox Business OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure CNBC US Options for Responding to OPEC+ Are Shrinking Fast Bloomberg View Full Coverage on Google News
Oil up nearly 3% as OPEC+ agrees to small oil output cut | WION Business News – WION
Oil up nearly 3% as OPEC+ agrees to small oil output cut | WION Business News WION OPEC+ makes small trim to world oil supplies as prices fall The Associated Press Oil producer group OPEC+ surprises energy markets with a small production cut CNBC OPEC+ slashes oil production by 100K barrels per day as prices fall Axios OPEC+ to … Read more
Will OPEC Cut Oil Output On Labor Day?
Saudi Arabia’s signal from two weeks ago that OPEC+ could decide to cut production at any time, in any form, managed to lift Brent oil prices to above $100 per barrel for around a week. But this week, fresh lockdowns in China, intensified fears of recession, and guidance that the Fed will continue with the … Read more
Gasoline Prices Are Down, But There’s a Big Threat Looming
Gasoline prices fell again on Aug. 19 with the national average declining to $3.89 a gallon as crude oil prices inched slightly higher to $91.56 a barrel. The most common price is $3.49 a gallon, Patrick De Haan, head of petroleum analysis at GasBuddy, the Boston provider of retail-fuel-pricing information, told TheStreet. The cheapest 10% of stations are selling … Read more
Oil analyst reveals 'pain point' for gas prices – Fox Business
Oil analyst reveals ‘pain point’ for gas prices Fox Business Gas prices are falling — Here’s why it’s happening and whether it can continue CNBC Gas prices drop under $4 average for first time since March CBS News Five reasons why you’re paying way less at the gas pump in Texas The Dallas Morning News View Full Coverage on … Read more
Putin and MBS discuss oil less than week after Biden visit to Saudi Arabia
Russian President Vladimir Putin spoke on the phone on Thursday with Saudi Crown Prince Mohammed bin Salman and discussed oil production and his latest visit to Iran, according to the Kremlin. Why it matters: The phone call took place less than a week after President Biden’s visit to Saudi Arabia, which was aimed in part … Read more